REI Lense

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$3,952 (target)

5 Putnam Ave, Pittsfield, MA 01201

3 beds • 2 baths • 1961 sqft

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This property might be a fair Long-Term investment with a projected 4.63% first-year return on $80,598 initial cash invested.

4.63%

Cash On Cash

7.69%

Cap Rate

1.26

DSCR

$3,952

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,952 income − $3,641 expenses = $311 cash flow

Income$3,952Mortgage P&I$1,94949%Property Taxes$52913%Insurance$1353%Management$39510%CapEx$1985%Vacancy$2376%Maintenance$1985%Cash Flow$311

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,598

Downpayment

20%

$76,760

Closing costs

1%

$3,838

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,952

Total Expenses

$3,641

Mortgage P&I

49%

$1,949

Property Taxes

13%

$529

Home Insurance

3%

$135

HOA

0%

$0

Property Management

10%

$395

CapEx

5%

$198

Vacancy

6%

$237

Maintenance

5%

$198

Other

0%

$0

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